§1213. Capital
A nondepository trust company must have initial paid-in capital in accordance with chapter 31 and shall maintain capital in accordance with section 412-A and any rules adopted under section 412-A, except the superintendent may establish different capital maintenance requirements for nondepository trust companies than those required for other financial institutions organized under this Title. [PL 1999, c. 539, §1 (AMD).]
SECTION HISTORY
PL 1997, c. 398, §J2 (NEW). PL 1999, c. 539, §1 (AMD).
Structure Maine Revised Statutes
TITLE 9-B: FINANCIAL INSTITUTIONS
Part 12: SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS
Chapter 121: NONDEPOSITORY TRUST COMPANIES
9-B §1211. General purpose and authority
9-B §1212. Organization of nondepository trust companies
9-B §1214. Business of nondepository trust companies
9-B §1215. Holding companies of nondepository trust companies